Bank of America

Weave Announces First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024
Technology, Fintech, Professional Services, Payments, Salesforce, Total, Investment, McKinsey & Company, HubSpot, DrChrono, Partnership, Software as a service, Bank of America, GRR, Automation, Senior, Bank, NRR, GAAP

Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced its financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, today announced its financial results for the first quarter ended March 31, 2024.
  • Weave also ranked first in 30 different categories in G2’s Spring 2024 Report and featured prominently in over 80 reports.
  • Weave also received the 2024 Top Workplaces USA award and has been named on the 2024 Shatter List by the Women Tech Council, both for the third consecutive year.
  • The company expects to achieve the following financial results for the three months ending June 30, 2024, and full year ending December 31, 2024:

Third Street Partners Expands Talent Strategy Business with Addition of 35-year Industry Veteran

Retrieved on: 
Wednesday, May 1, 2024
Asset Management, Professional Services, Human Resources, Finance, Marketing, Schroders, Head, Fidelity, Investment, Bank, News, Bank of America, CFA, Strategic planning

With a career spanning over 35 years in financial services, Sims has extensive experience in building and leading high-performance teams, driving growth and implementing strategic initiatives.

Key Points: 
  • With a career spanning over 35 years in financial services, Sims has extensive experience in building and leading high-performance teams, driving growth and implementing strategic initiatives.
  • In this new role, Carter will provide clients and prospects with a broadened view of the industry, helping them navigate the evolving landscape of the asset management industry and work with them to achieve their business objectives.
  • I’m looking forward to working closely with clients to help them navigate this landscape and achieve their strategic goals."
  • Sims’ appointment follows recent news of Third Street Partners hiring Louis Demetro to spearhead the firm’s alternative asset management practice in the U.S., further expanding the firm’s capabilities in the asset management industry.

Informatica Reports First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024
Apps, Applications, Technology, Professional Services, Business, Software, Networks, Internet, Data Analytics, Data Management, Artificial Intelligence, Cloud, Constellation, Completeness, AI, Phase 10, Growth, Frost, Improper integral, FX, GAAP, Table, Conference, Print on demand, BigQuery, IDMC, INFA, Ecosystem, ARR, MDM, Master data management, NRR, Multimedia, Integration platform, Gartner, Bank of America, Ability, Education minister, Magic, Acquisition, Data management, Music

Informatica (NYSE: INFA), an enterprise cloud data management leader, today announced financial results for its first quarter 2024, ended March 31, 2024.

Key Points: 
  • Informatica (NYSE: INFA), an enterprise cloud data management leader, today announced financial results for its first quarter 2024, ended March 31, 2024.
  • An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”
    First Quarter 2024 Business Highlights:
    Processed 91.8 trillion cloud transactions per month for the quarter ended March 31, 2024, as compared to 54.3 trillion cloud transactions per month in the same quarter last year, an increase of 69% year-over-year.
  • In conjunction with the previously announced November 2023 restructuring plan (the “November Plan”), the Company recorded restructuring charges of $4.4 million in the first quarter 2024.
  • From May 20-23, 2024, the Company will host customers and partners in Las Vegas, NV, at Informatica World 2024, where Cloud, Data and AI come together.

Palmer Square Prices First CLO Issued From its Newly-Public BDC (“PSBD”)

Retrieved on: 
Tuesday, April 30, 2024
Banking, Asset Management, Professional Services, Finance, Bank of America, CLO, IPO, New York Stock Exchange, Bank, Growth, PSBD, Palmer Square

Palmer Square Capital Management (together with its affiliates, “Palmer Square”), a credit-focused asset management firm with over $30 billion in assets, has announced the pricing of Palmer Square BDC CLO 1, a $400.5 million collateralized loan obligation (“CLO”).

Key Points: 
  • Palmer Square Capital Management (together with its affiliates, “Palmer Square”), a credit-focused asset management firm with over $30 billion in assets, has announced the pricing of Palmer Square BDC CLO 1, a $400.5 million collateralized loan obligation (“CLO”).
  • The vehicle is secured by broadly syndicated loans held by Palmer Square Capital BDC Inc. (NYSE: PSBD) and will be managed by Palmer Square Capital BDC Inc. Palmer Square BDC CLO 1 is the first CLO transaction to be issued out of New York Stock Exchange-traded PSBD, which invests meaningfully in broadly syndicated loans as part of its opportunistic credit / total return investment strategy.
  • With the pricing of this CLO, the Palmer Square platform is actively managing 46 CLOs outstanding, totaling over $20 billion in assets (as of 4/8/24).
  • Year to date, Palmer Square has issued approximately $3.2 billion in CLOs including 2 new issue CLOs, 3 reset CLOs, and 1 refinanced CLO.

Rocky Brands, Inc. Announces First Quarter 2024 Results

Retrieved on: 
Tuesday, April 30, 2024
Manufacturing, Fashion, Textiles, Retail, Footwear, Sale, Total, ABL, Rocky, Software, Inventory, Bank of America, Retirement, Rocky Brands, Bank, Acquisition, Advertising, Growth

Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • Rocky Brands, Inc. (NASDAQ: RCKY) today announced financial results for its first quarter ended March 31, 2024.
  • Wholesale sales for the first quarter of 2024 were $79.8 million compared to $80.1 million for the same period in 2023.
  • The decrease was driven by lower debt levels in the first quarter of 2024 compared with the first quarter of 2023.
  • The Company's conference call to review first quarter 2024 results will be broadcast live over the internet today, Tuesday, April 30, 2024 at 4:30 pm Eastern Time.

Starbucks Reports Q2 Fiscal 2024 Results

Retrieved on: 
Tuesday, April 30, 2024
Retail, Restaurant, Bar, Food, Beverage, Sale, Coffee, Acoustics, Pump, Starbucks, Annual general meeting, Partnership, Webcast, Bank of America, Lighting, SKU, Bank, Regulation Fair Disclosure, Optimism, Workers United, Growth, Disclosure

Operating income decreased to $216.3 million in Q2 FY24 compared to $262.1 million in Q2 FY23.

Key Points: 
  • Operating income decreased to $216.3 million in Q2 FY24 compared to $262.1 million in Q2 FY23.
  • The company will discuss fiscal year 2024 financial targets during its Q2 FY24 earnings conference call starting today at 2:00 p.m. Pacific Time.
  • The Board of Directors declared a cash dividend of $0.57 per share, payable on May 31, 2024, to shareholders of record on May 17, 2024.
  • A replay of the webcast will be available until end of day Friday, June 14, 2024.

Fulton Financial Announces Launch of Common Stock Offering

Retrieved on: 
Monday, April 29, 2024
Banking, Professional Services, Bank of America, Sale, Prospectus, Fulton Financial Corporation, Corporation, Republic Bank, Federal Deposit Insurance Corporation, FULT, Communication, Nicollet Mall, Form, EDGAR, Acquisition, BofA Securities, Attention, Telephone, Security (finance)

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that it commenced an underwritten public offering of shares of its common stock.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that it commenced an underwritten public offering of shares of its common stock.
  • The Corporation expects to grant the underwriters a 30-day option to purchase additional shares of its common stock.
  • Piper Sandler and BofA Securities are acting as joint book-running managers for the offering.
  • The offering is being made only by means of a prospectus supplement and accompanying base prospectus.

Arrowhead Pharmaceuticals to Participate in Upcoming May 2024 Conferences

Retrieved on: 
Monday, April 29, 2024
Health, Genetics, Clinical Trials, Research, Science, Pharmaceutical, Biotechnology, Bank of America, Congress, DEEP, ATS, Arrowhead, Antiviral Research, RESULTS, Conference, Asthma, EAS, NLA, National Lipid Association, AN, American Thoracic Society

Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) today announced that it is scheduled to participate in the following upcoming events:

Key Points: 
  • Arrowhead Pharmaceuticals, Inc. (NASDAQ: ARWR) today announced that it is scheduled to participate in the following upcoming events:
    2024 RBC Capital Markets Global Healthcare Conference – May 14-15, 2024
    BofA Securities 2024 Healthcare Conference – May 13-16, 2024
    TIDES USA 2024 – May 14-17, 2024
    American Thoracic Society (ATS) 2024 International Conference – May 17-22, 2024
    Title: A First-in-Human Study of ARO-RAGE, a Novel Inhaled RNA-Interference Therapy for Asthma
    37th International Conference on Antiviral Research (ICAR2024) – May 20-24, 2024
    European Atherosclerosis Society (EAS) 92nd Congress – May 26-29, 2024
    Title: PLOZASIRAN (ARO-APOC3), DECREASES APOC3 AND TRIGLYCERIDES (TG) IN PATIENTS WITH MIXED DYSLIPIDEMIA: MUIR FINAL RESULTS
    Title: PLOZASIRAN (ARO-APOC3), AN INVESTIGATIONAL RNAI THERAPEUTIC, DEMONSTRATES PROFOUND AND DURABLE REDUCTIONS IN APOC-3 AND TRIGLYCERIDES (TG) IN PATIENTS WITH SEVERE HYPERTRIGLYCERIDEMIA (SHTG), SHASTA-2 FINAL RESULTS
    Title: ZODASIRAN SILENCES HEPATIC ANGPTL3 LEADING TO DEEP AND DURABLE REDUCTIONS IN ATHEROGENIC LIPIDS AND LIPOPROTEINS IN MIXED DYSLIPIDEMIA PATIENTS: FINAL RESULTS FROM ARCHES-2, DOUBLE-BLIND PERIOD
    2024 National Lipid Association (NLA) Scientific Sessions – May 30 – June 2, 2024
    Title: ENCORE - PLOZASIRAN (ARO-APOC3), DECREASES APOC3 AND TRIGLYCERIDES (TG) IN PATIENTS WITH MIXED DYSLIPIDEMIA: MUIR FINAL RESULTS
    Title: ENCORE - PLOZASIRAN (ARO-APOC3), AN INVESTIGATIONAL RNAI THERAPEUTIC, DEMONSTRATES PROFOUND AND DURABLE REDUCTIONS IN APOC-3 AND TRIGLYCERIDES (TG) IN PATIENTS WITH SEVERE HYPERTRIGLYCERIDEMIA (SHTG), SHASTA-2 FINAL RESULTS
    Presentation materials may be accessed on the Events and Presentations page under the Investors section of the Arrowhead website.

John Hedlund, Mortgage Industry Veteran and Operations Leader, Joins FundingShield Advisory Board

Retrieved on: 
Monday, April 29, 2024
Software, Payments, Finance, Banking, Professional Services, Technology, Fintech, Security, Sale, Organization, Banking in Canada, Mortgage loan, Advisory board, Bank of America, APO, History, Growth, Countrywide, Bank, Apollo Global Management, Service provider, Multimedia, Royal Bank, MISMO, Mortgage Bankers Association, AAG, ATH, Fraud, Management

FundingShield is pleased to announce that John Hedlund has joined its advisory board.

Key Points: 
  • FundingShield is pleased to announce that John Hedlund has joined its advisory board.
  • View the full release here: https://www.businesswire.com/news/home/20240429549545/en/
    John Hedlund - Advisor to FundingShield (Graphic: Business Wire)
    John Hedlund, founder of Adanac Advisory Group (AAG), a boutique advisory and consulting firm, recently retired from AmeriHome Mortgage , a Western Alliance Bank Company where John was Chief Operating Officer and Managing Director.
  • John was one of the original founders (2013) of AmeriHome and helped lead the sale to Western Alliance Bank in 2021.
  • John has served as a Board Member for several firms and organizations, currently he is Chairman of the Board for MISMO, Advisory Board Member for Automated Mortgage Systems, Inc. (Mortgage Servicing FinTech), Board member of the Mortgage Bankers Association, and Board Director of the California Mortgage Bankers Association.

Fulton Financial Announces Pricing of $250 Million Offering of Common Stock

Retrieved on: 
Monday, April 29, 2024
Banking, Professional Services, Finance, Bank of America, Sale, Prospectus, Fulton Financial Corporation, Corporation, Republic Bank, Federal Deposit Insurance Corporation, FULT, Communication, Nicollet Mall, Form, EDGAR, Acquisition, BofA Securities, Attention, Telephone, Security (finance)

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the pricing of its public offering of 16,666,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, for an aggregate offering amount of $250 million.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced the pricing of its public offering of 16,666,667 shares of its common stock (the “common stock”), at a price to the public of $15 per share, for an aggregate offering amount of $250 million.
  • In addition, the Corporation has granted the underwriters a 30-day option to purchase up to an additional 2,500,000 shares of common stock at the public offering price, less underwriting discounts.
  • Piper Sandler and BofA Securities acted as joint book-running managers for the offering.
  • The offering is being made only by means of a prospectus supplement and accompanying base prospectus.